Capitalist Party and Energy
In ancient Roman times, there were relatively frequent occurances where debt became oppressive, most often this came as a result of heavy taxation, either for war or for public projects. While debt alone is oppressive, it is the interest on the debt that multiplies this burden manifold.
In those times, money was still of gold or bronze, so the principal for charging interest did exist. That interest rates do not find their 'level' in the market place had to wait a generous two millenia to be discovered. Still, there was the mitigating effect of war plunder and skirmishes were rarely more than a year apart. Despite the legitimacy of debt, there was still frequent rebellion against the policies themselves and the oppressiveness of the consequences of debt. As a result, every argument against policies underlaying debt seem illigitimate, whether they are legitimate or not. Sometimes, the arguments are legitimate.
During the period of Roman expansion, every city or town conqured and/or massacred represented an addition of wealth through plunder. This wealth fed the coffers of either the soldiers themselves, who could then pay down their debts, since they were otherwise engaged, or to the state's coffers, which lightened the burden of taxation. While debt was principled, though poorly regulated, there remained that hope of forgiveness. However, the hope was balanced with the threat of bondage for those who failed to make true their debts. Once enslaved, one's chances of ever tasting liberty again were sharply curtailed.
Fast forward to today and bondage still exists in the form of bankrupcy, since it prevents an individual from gaining capital, of bearing credit of any sort, were anyone to qualify. Unfortunately the hope of forgiveness no longer exists, as all plunder today is transferred to the coffers of the powerful in the form of oil and gas drilling rights and government contracts. These are complaints, but not arguments. Today, a lot more has changed than stayed the same. For starters, money no longer has a capital base, so there is neither principal nor principle upon which to ground the institution of interest, yet we remain "slaves to habit".
Since the principle has changed, so have the consequences. The burden for paying the interest on the debt does not fall on the debtor, though they are responsible, the burden falls upon the first actual principal the interest payment encounters, real working capital. The result is a diminishing of profits, growth and innovation for the legitimate capitalist class.
Another consequence, is that inflation becomes irremediable. Prices can go up, but they can't come down. The rising prices diminish international competitiveness and contributes the lions share to job emigration. Job emigration means that more debt will go into default and interest payments, via the illegal premise of punishment for late payment, skyrocket and become usurous. Those good workers and competitive enterprises that have stayed the course become burdened with the greatest injustice.
Another overall difference between ancient Rome and the world today is that the basis of wealth is no longer to be found in plunder and slaves, but in the functioning of capital itself. Energy is, perhaps, the main basis of wealth in the world, whether it be from agricultural grain harvests or fossil fuel power, it is the means by which all material transformations are executed. Material transformations lead relentlessly to some form of utility increase and the sum of utility is what is really meant by wealth.
In current times the reign of fossil fuels is ending. What is emerging are the renewable forms of energy, such as solar panels, wind turbines and heat engines, in addition to energy efficiency improvements.These latter forms of energy are limited only by the capacity of capital to produce them. Yet, they remain independent of military policy and dependent upon monitary policy, the reverse of the fossil fuels regimes.
What limits capital is liquidity, that is, the quantity of money in the economy that remains free of the debt/interest coil, which is all that can be available for investment in the research and production of these renewables without presenting an additional burden upon society. The goal of utility is to relieve burden. In a Republic this relief must be divided equally between classes: people, capital and government.
Since the new sources of energy are small, portable and independent of property, they transform the political landscape for the more tyrannical of the power brokers. This is what has their panties all up in a bunch. The power brokers being the oil and natural gas industries, the money lending financials and the military industries such as the gun manufacturers, who already have a criminal record for supplying weapons to Nazi Germany dating from WWII. Some components of these power brokers are transferable to the new world, but some are not. Turbine manufacturers, for instance, are fence sitters, all they need is a push in the right direction.
Those industries destined for the history books are the oil and natural gas companies, credit card companies and the pistol makers, all, notice, in the avantguarde of reputation manufacture, which is a good first step into the history books.
Small scale energy sources, such as solar panels are appropriate for household energy demands, small business power and part of the recipe for larger scale industrials. Wind power is enough to carry the difference, and devices like the 'entropy engine' can suffice to reverse the cooling burden on the energy budget. In addition, a true dedication to nuclear would entail a technological revolution into the breeder technologies, which to date, only the French have recorded successes in. This is where government research could have been focused.
As individuals become increasingly independent of the power-plunder which an addiction to fossil fuels guarantees to hereditary wealth, the legitimacy of war and this form of exercise of political power diminishes proportionately in our eyes. The beneficiaries of these plunders are the only hold outs for this form of 'debt mitigation', though the only 'mitigation' is the increasing capacity to further oppress the public with an enslaving burden of more debt, with slavery being the obvious preference of the wealthy to sustainable energy technology. Debt of this nature cripples not only the common class and labor, but also real capital, which becomes increasingly beholden to government contracts and hand outs as the public's liquidity dries up, being diverted to service unprincipled debt.
Renewable energy will not be discovered in any sack, and unlike in Roman times, there is little of the world left to colonize, barring a return to the policy of massacring the opponent, which may in fact be what the power brokers are attempting, simply to relieve the social pressures behind renewable forms of energy and sustainable forms of production.
Our energy future does exist, but the beligerant power brokers in their luxury induced ignorance can't see nor comprehend it and are hell-bent on preventing the economic climate whereby renewables can emerge. Remember in Rome, debt originated due either from war or from social projects such as building walls or shrines to Jupiter. If there is a debt to accrue today, it is in the social project of reconfiguring our energy base, and should not be building up from war expenses. At least a war for oil buys us time, but the truth is, unless the government can show us the principle interest is based upon, their gift is worthless.
In his State of the Union Address, Bush made an intentional blunder, that none of the pundits seemed to catch, he said we had "two branches of government". In fact he is right, but our republic was designed for three. In fact three branches is the only stable form of republic known to history or experience. Our constitution guarantees us three branches of government. To have three branches of government, we need three political parties. We need a Capitalist party in the Senate to stand up to the power brokers who have taken over our government, as the Decimvirs did in ancient Rome. They lasted 34 years. On that scale, time's up. There has been no principal behind money for exactly that long.
The Decimvirs job was to finish Rome's constitution, which is pertinent today, since the value of money must be guaranteed by government, and the only way to accomplish that is with a global constitution. Today, there is a preoccupation with a global constitution, but we need not forfeit our liberties in the process, as the Romans well learned, and we should know. Pinning the value of the U.S. dollar on oil sales does not soundly ground its value. A fiat money needs to reflect what is actually produced, not the basis of that production, the utility produced, and not the energy. Basing value on energy is a thing of the past. The energy required to obtain gold, silver or bronze could be measured in corn, but these were economies, with emphasis on the economy part, of farmers, who were ultimately self sufficient if they needed to be. This approximation is no longer acceptable economics. If value is not based upon the utility of the commodity, it is arbitrary. Hence, we need to disconnect the dollar from oil and eliminate interest if we are to succeed in the world as we find it today. Only then can the new energy base emerge.
VOTE U.S. CAPITALIST PARTY
In those times, money was still of gold or bronze, so the principal for charging interest did exist. That interest rates do not find their 'level' in the market place had to wait a generous two millenia to be discovered. Still, there was the mitigating effect of war plunder and skirmishes were rarely more than a year apart. Despite the legitimacy of debt, there was still frequent rebellion against the policies themselves and the oppressiveness of the consequences of debt. As a result, every argument against policies underlaying debt seem illigitimate, whether they are legitimate or not. Sometimes, the arguments are legitimate.
During the period of Roman expansion, every city or town conqured and/or massacred represented an addition of wealth through plunder. This wealth fed the coffers of either the soldiers themselves, who could then pay down their debts, since they were otherwise engaged, or to the state's coffers, which lightened the burden of taxation. While debt was principled, though poorly regulated, there remained that hope of forgiveness. However, the hope was balanced with the threat of bondage for those who failed to make true their debts. Once enslaved, one's chances of ever tasting liberty again were sharply curtailed.
Fast forward to today and bondage still exists in the form of bankrupcy, since it prevents an individual from gaining capital, of bearing credit of any sort, were anyone to qualify. Unfortunately the hope of forgiveness no longer exists, as all plunder today is transferred to the coffers of the powerful in the form of oil and gas drilling rights and government contracts. These are complaints, but not arguments. Today, a lot more has changed than stayed the same. For starters, money no longer has a capital base, so there is neither principal nor principle upon which to ground the institution of interest, yet we remain "slaves to habit".
Since the principle has changed, so have the consequences. The burden for paying the interest on the debt does not fall on the debtor, though they are responsible, the burden falls upon the first actual principal the interest payment encounters, real working capital. The result is a diminishing of profits, growth and innovation for the legitimate capitalist class.
Another consequence, is that inflation becomes irremediable. Prices can go up, but they can't come down. The rising prices diminish international competitiveness and contributes the lions share to job emigration. Job emigration means that more debt will go into default and interest payments, via the illegal premise of punishment for late payment, skyrocket and become usurous. Those good workers and competitive enterprises that have stayed the course become burdened with the greatest injustice.
Another overall difference between ancient Rome and the world today is that the basis of wealth is no longer to be found in plunder and slaves, but in the functioning of capital itself. Energy is, perhaps, the main basis of wealth in the world, whether it be from agricultural grain harvests or fossil fuel power, it is the means by which all material transformations are executed. Material transformations lead relentlessly to some form of utility increase and the sum of utility is what is really meant by wealth.
In current times the reign of fossil fuels is ending. What is emerging are the renewable forms of energy, such as solar panels, wind turbines and heat engines, in addition to energy efficiency improvements.These latter forms of energy are limited only by the capacity of capital to produce them. Yet, they remain independent of military policy and dependent upon monitary policy, the reverse of the fossil fuels regimes.
What limits capital is liquidity, that is, the quantity of money in the economy that remains free of the debt/interest coil, which is all that can be available for investment in the research and production of these renewables without presenting an additional burden upon society. The goal of utility is to relieve burden. In a Republic this relief must be divided equally between classes: people, capital and government.
Since the new sources of energy are small, portable and independent of property, they transform the political landscape for the more tyrannical of the power brokers. This is what has their panties all up in a bunch. The power brokers being the oil and natural gas industries, the money lending financials and the military industries such as the gun manufacturers, who already have a criminal record for supplying weapons to Nazi Germany dating from WWII. Some components of these power brokers are transferable to the new world, but some are not. Turbine manufacturers, for instance, are fence sitters, all they need is a push in the right direction.
Those industries destined for the history books are the oil and natural gas companies, credit card companies and the pistol makers, all, notice, in the avantguarde of reputation manufacture, which is a good first step into the history books.
Small scale energy sources, such as solar panels are appropriate for household energy demands, small business power and part of the recipe for larger scale industrials. Wind power is enough to carry the difference, and devices like the 'entropy engine' can suffice to reverse the cooling burden on the energy budget. In addition, a true dedication to nuclear would entail a technological revolution into the breeder technologies, which to date, only the French have recorded successes in. This is where government research could have been focused.
As individuals become increasingly independent of the power-plunder which an addiction to fossil fuels guarantees to hereditary wealth, the legitimacy of war and this form of exercise of political power diminishes proportionately in our eyes. The beneficiaries of these plunders are the only hold outs for this form of 'debt mitigation', though the only 'mitigation' is the increasing capacity to further oppress the public with an enslaving burden of more debt, with slavery being the obvious preference of the wealthy to sustainable energy technology. Debt of this nature cripples not only the common class and labor, but also real capital, which becomes increasingly beholden to government contracts and hand outs as the public's liquidity dries up, being diverted to service unprincipled debt.
Renewable energy will not be discovered in any sack, and unlike in Roman times, there is little of the world left to colonize, barring a return to the policy of massacring the opponent, which may in fact be what the power brokers are attempting, simply to relieve the social pressures behind renewable forms of energy and sustainable forms of production.
Our energy future does exist, but the beligerant power brokers in their luxury induced ignorance can't see nor comprehend it and are hell-bent on preventing the economic climate whereby renewables can emerge. Remember in Rome, debt originated due either from war or from social projects such as building walls or shrines to Jupiter. If there is a debt to accrue today, it is in the social project of reconfiguring our energy base, and should not be building up from war expenses. At least a war for oil buys us time, but the truth is, unless the government can show us the principle interest is based upon, their gift is worthless.
In his State of the Union Address, Bush made an intentional blunder, that none of the pundits seemed to catch, he said we had "two branches of government". In fact he is right, but our republic was designed for three. In fact three branches is the only stable form of republic known to history or experience. Our constitution guarantees us three branches of government. To have three branches of government, we need three political parties. We need a Capitalist party in the Senate to stand up to the power brokers who have taken over our government, as the Decimvirs did in ancient Rome. They lasted 34 years. On that scale, time's up. There has been no principal behind money for exactly that long.
The Decimvirs job was to finish Rome's constitution, which is pertinent today, since the value of money must be guaranteed by government, and the only way to accomplish that is with a global constitution. Today, there is a preoccupation with a global constitution, but we need not forfeit our liberties in the process, as the Romans well learned, and we should know. Pinning the value of the U.S. dollar on oil sales does not soundly ground its value. A fiat money needs to reflect what is actually produced, not the basis of that production, the utility produced, and not the energy. Basing value on energy is a thing of the past. The energy required to obtain gold, silver or bronze could be measured in corn, but these were economies, with emphasis on the economy part, of farmers, who were ultimately self sufficient if they needed to be. This approximation is no longer acceptable economics. If value is not based upon the utility of the commodity, it is arbitrary. Hence, we need to disconnect the dollar from oil and eliminate interest if we are to succeed in the world as we find it today. Only then can the new energy base emerge.
VOTE U.S. CAPITALIST PARTY
posted by lou_srewlect | 5:19 PM
1 Comments:
I have one thing to say to this. Are you really a capitalist? In true capitalistic nature you would just let the government do nothing beacuse once people can't aford oil they will switch to a ceaper sorce of enrgy right now being Nuclear power beacuse it need the least amount of land for the most power. Let nuclear plants replace oil ones and watch the price of gasoline drop like a rock. And if you want to keep the solar plants beacuse they are $.25 per kilowatt v.s. about $.15 for others give them more tax cuts.
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